Trump says he’s happy he has an open spot on the Fed board

President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates. Posting on his Truth Social platform, Trump called Powell “stubborn.” The Fed chair has been subjected to vicious verbal attacks by the ...

Federal Reserve governor Adriana Kugler said Friday she will resign from the central bank's Board of Governors effective Aug. 8, meaning President Trump could have a replacement in her seat earlier than expected. The term of Kugler, who was appointed by President Biden, was due to expire on Jan. 31. "It has been an honor of a lifetime to serve on the Board ...

Fed's Bostic: The jobs data was significant, revisions were bigger story - CNBC. Fed's Bostic: Jobs Data Was Significant, Revisions Were Bigger Story - @CNBC - Jobs Market Is Slowing From Strong Levels - Still Need To Determine What Trend Of Hiring Will Be - Risk On Jobs Front Could Be Coming Into ‘Better Balance’ With Inflation Risks - Coming Into This… Atlanta Federal Reserve President Bostic Says "There Is Still A Lot Of Strength, Underlying The Labor Market" FED'S BOSTIC: DOESN'T THINK JOBS DATA WOULD HAVE CHANGED THIS WEEK'S FOMC DECISION Fed Official Bostic Says They Still Expect One Interest Rate Cut This Year but Are Open to Changing Their View if Economic Data Supports It